FOR SALE
$690,000

"The Corner Shack" 9-13 Hillvue Road
Tamworth NSW 2340

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 148m2
Land area: 765m2
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FREEHOLD INVESTMENT

Excellent opportunity for first time Commercial Investors or perhaps a nest egg for your Super Fund. Currently returning $41,600 PA, plus GST.
5x5 year lease commenced July 2021, with 3% increase due July 2024.
6 carparks included upon the large 765sqm site (approx.) Indoor and outdoor dining areas within the fenced perimeter.
High traffic flow area, suitable for a variety of uses.
TRC Rates - $3,693.85 PA.
Contact Bruyan Bolitho on 0408 394 939 for further details.

Property Details for "The Corner Shack" 9-13 Hillvue Road, Tamworth

Building Type
Commercial
Floor Size
148m2
Land Size
765m2

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About Tamworth 2340

The size of Tamworth is approximately 1.2 square kilometres. It has 5 parks covering nearly 21.6% of total area. The population of Tamworth in 2011 was 239 people. By 2016 the population was 178 showing a population decline of 25.5% in the area during that time. The predominant age group in Tamworth is 20-29 years. Households in Tamworth are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in Tamworth work in a labourer occupation. In 2011, 30% of the homes in Tamworth were owner-occupied compared with 27.4% in 2016.

Tamworth has 1,634 properties. Over the last 5 years, Houses in Tamworth have seen a 76.13% increase in median value, while Units have seen a 72.31% increase. As at 31 October 2024:

  • The median value for Houses in Tamworth is $436,290 while the median value for Units is $331,519.
  • Houses have a median rent of $435 while Units have a median rent of $420.
There are currently 84 properties listed for sale, and 15 properties listed for rent in Tamworth on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Tamworth.

Suburb Insights for Tamworth 2340

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Contact agent
Bryan Bolitho
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Raine & Horne Tamworth
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.